iLearningEngines’ (AILE) “Buy” Rating Reiterated at Benchmark

Benchmark reiterated their buy rating on shares of iLearningEngines (NASDAQ:AILE) in a research note issued to investors on Tuesday,Benzinga reports. Benchmark currently has a $18.00 price target on the stock.

iLearningEngines Trading Up 10.8 %

AILE opened at $1.33 on Tuesday. The company has a debt-to-equity ratio of 20.27, a quick ratio of 3.40 and a current ratio of 3.40. The business has a 50 day moving average of $1.48 and a 200-day moving average of $4.73. iLearningEngines has a 52 week low of $0.70 and a 52 week high of $20.00.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Claro Advisors LLC raised its stake in iLearningEngines by 75.6% during the third quarter. Claro Advisors LLC now owns 20,746 shares of the company’s stock valued at $35,000 after buying an additional 8,929 shares during the last quarter. The Manufacturers Life Insurance Company bought a new stake in shares of iLearningEngines in the 2nd quarter worth $102,000. Squarepoint Ops LLC bought a new stake in shares of iLearningEngines in the 2nd quarter worth $123,000. SG Americas Securities LLC bought a new stake in shares of iLearningEngines in the 3rd quarter worth $29,000. Finally, Rhumbline Advisers bought a new stake in shares of iLearningEngines in the 2nd quarter worth $217,000. Hedge funds and other institutional investors own 32.94% of the company’s stock.

About iLearningEngines

iLearningEngines, Inc operates an artificial intelligence (AI) platform for learning automation. The company’s AI learning and engagement platform offers a cloud-based, mobile, offline, and multimedia capabilities that is used to deliver personalized learning and engagement modules. Its platform includes Learning Experience Platform, that addresses the corporate learning market; and Information Intelligence Platform which addresses the information management, analytics, and automation markets.